Hi BP Community,My wife and i currently own a co op (which we use to live in) but currently vacant.  We are in the process of subletting out the co op for rental income.  There may come a time where i need to sell the...

Hi everyone. I am wondering if one were to decide to start private money lending, what entity would be the most tax-advantaged? Or put it more simply, if there are any private lenders out there, what entity do you u...

Who do you issue 1099s to? I have flipped a few houses this year and want to make sure to do everything right from a tax perspective. I know I saw where you should issue one for anyone paid over $600, but in that case...

It just sunk in for me. Can someone with closer ties to taxes verify this? I saw this Forbes article which states: "Trump has proposed cutting the corporate tax rate from 35% to 15%. Significantly, this proposal would...

I have a SD 401k which has an LLC as the plan sponsor. I take distributions from the LLC as the single member. I want to start putting 100% of my distribution into the 401k as a ROTH contribution. If my normal distrib...

My wife and I are fortunate to have steady, high-income producing jobs. Our rental real estate portfolio is also starting to produce a decent income. Our properties are currently held in pass-through LLCs which are no...

I have an LLC structure, but I own a rental held in my personal name.  This was done so because of loan type and rate.  Can I set up my account with my property manager in my LLC name so that all income and expenses g...

Don't blame everything on interest rates - It's because wages haven't kept pace
My wife and I bought our first house in Seattle in 1986 for $78,000. It was in a safe, desired neighborhood, post card view of downtown,...

At my local REIA meeting, there was a sentiment from the more veteran players (particularly the mortgage brokers) that Fannie MAE/MAC will change mortgage allowance from 4 to 8 soon to help relief the number of forecl...

Good day, I am buying single-family homes rehabbing them and renting them out. After the rehab is complete I will get a mortgage on the property and my plan would be to pay off the money partner that has loaned me the...